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500 000 Mark Bayerische Staatsbank
| Issuer | Bayerische Staatsbank |
|---|---|
| Year | 1923 |
| Type | Local banknote |
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|---|---|
| Obverse lettering | 500000 MARK Gutschein der Bayerischen Staatsbank über Fünfhunderttausend 500 000 Mark 500 000 München, den 1. August 1923. BAYERISCHE STAATSBANK Direktorium Dieser Gutschein wird zu einem durch das Bayerische Staatsministerium der Finanzen im Reichsanzeiger und Bayerischen Staatsanzeiger bekanntzumachenden Zeitpunkte zur Einlösung aufgerufen. 500000 MARK |
| Reverse description | Printed in red-brown on a cream ground, the reverse carries a full-field letterpress underprint repeating "BAYERISCHESTAATSBANK" in continuous rows across the entire surface. At centre, a large oval guilloche vignette frames the numeral "500000" in bold, with "MARK" below; above the vignette, the issuing title "Gutschein der Bayerischen Staatsbank über" is set in Gothic script. Below the vignette, two lines of legal notice text address the redemption deadline and counterfeiting penalties. |
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| Comments |
The Bayerische Staatsbank was one of several regional German institutions forced to issue emergency high-denomination notes during the hyperinflationary spiral of 1923 — a period in which the Reichsbank's printing capacity was genuinely overwhelmed and state banks were authorized to supplement the currency supply. By the time 500,000 Mark notes entered circulation in mid-1923, that sum was already losing purchasing power within days of issue.
Bavaria's political climate that year added a particular edge: the state government under Gustav von Kahr was in open tension with Berlin, and the November 1923 Beer Hall Putsch was weeks away when many of these notes were still technically current.